Top Layer-2 Altcoins Poised For 100% Rally Following Ethereum’s Dencun Upgrade
Analyst Crypto Banter has shared details about the potential bullish trends for several altcoins. In a recent video, he named a slew of altcoins and explained how investors can profit.
Here’s the list of altcoins he brought to his attention.
- Matic (Polygon): Crypto Banter thinks MATIC Price is ready to increase value. He says it might hit $1.9 to $2 soon. So, if you invest early, you could make a good profit.
- Arbitrum: He’s also optimistic about Arbitrum. Even though it faces some resistance, he believes it could jump from $3.5 to $3.7 once it passes $2.4.
- Lio: Lio is another coin he likes. If it breaks above $3.7 to $3.8, he thinks it could go up to $4.68.
- Mutable X: This coin is close to its highest value ever. He suggests buying in at $3.3 to $3.5 if it breaks out soon. He thinks it could go as high as $7.
- Skale Network: SKL has broken its resistance levels on the weekly chart. Crypto Banter advises buying in at around $0.26 to $0.27, with a target of $0.54.
- Loopring: Finally, he mentioned Looping as a good trade opportunity. He thinks it could hit $1 to $1.2.
Optimism, in particular, was also identified as a compelling trade opportunity, with the trader projecting a potential price target of $6.5. While acknowledging the inherent risks, he outlined a trade plan with a possible 40 to 60% return. Additionally, the trader discussed APE as another noteworthy altcoin, anticipating a surge towards $5 or even $8.
Moving beyond individual altcoins, the trader provided insights into broader market trends, including the resurgence of larger cap tokens and the potential for significant price movements in established projects like Solana (SOL), Avalanche (AVAX), Cardano (ADA), Matic (Polygon), Bitget (BGB), and Chainlink (LINK).
